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AAP
AAP
Ben McKay

NZ economists expect steady cash rate ... for now

New Zealanders suffering through mortgage pain are expected to be spared another lift in the official cash rate at the central bank's next review.

However, the Reserve Bank of New Zealand (RBNZ) may hike again later in the year beyond its current 5.5 per cent as inflation remains stubbornly high.

All major banks expect a hold on Wednesday, keeping the OCR at its highest rate since November 2008.

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